17 Bancroft StAuburnMA01501
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Auburn at 17 Bancroft St, Auburn, MA, 01501 offers a 6.43% rental yield on a $649,900 purchase with $3,485/mo rent. 63% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 85.37% and total cumulative return in cash at $182,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,485/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01501, Auburn, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 5,649 (80.7%) |
| Renter Occupied HU | 1,145 (16.4%) |
| Vacant Housing Units | 207 ( 3.0%) |
| Median Home Value | $464,631 |
| Average Home Value | $516,225 |
Housing Distribution
Address Breakdown
Residential
6,993
Single Family
6,391
Multi-Family
602
Businesses
809
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Listed by: Trudy Risedorf • Lamacchia Realty, Inc.
Mls Name: MLS PIN
Mls ID: #73401281